Non-Linear Resistors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Non-linear resistors, or varistors, are passive components used as surge protectors in electronics whose voltage and current characteristics show non-linear relationship. The remarkable growth in global non-linear resistors market can be attributed to the rising demand for electronics circuits used in devices across multiple industries. The advantages offered by these products, such as compact size, higher stability, and effective heat dissipation are driving the growth of the market. Additionally, a sharp rise in the sales of consumer electronics products is creating an ample demand for non-linear resistors. Furthermore, major manufacturers, such as Metrosil, are incorporating the use of Silicon Carbide in non-linear resistors that offers sufficient favorable characteristics for high energy applications in generator excitation systems and current transformers

MARKET SCOPE

The "Global Non-Linear Resistors Market Analysis to 2031" is a specialized and in-depth study of the Non-Linear Resistors market with a special focus on the global market trend analysis. The report aims to provide an overview of Non-Linear Resistors market with detailed market segmentation by material, type, industry, and geography. The global Non-Linear Resistors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Non-Linear Resistors market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of material, the market is segmented as Silicon Carbide, Zinc Oxide, Others.
  
•   On the basis of type, the market is segmented into Metal Oxide Varistors and Multi-Layer Varistors.
  
•   On the basis of end user, the market is segmented as aerospace and defense, automotive, industrial, consumer electronics, and others.
  

MARKET DYNAMICS

Drivers:

•   The growing demand for electronic devices such as cell phones, computers and automation devices, among others
  
•   Growing integration of Non-Linear Resistors in different automation components
  
•   Advancements in Non-Linear Resistors development
  

Restraints:

•   Substitute products and limited suppliers
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Non-Linear Resistors market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Non-Linear Resistors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Non-Linear Resistors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Non-Linear Resistors market in these regions.

IMPACT OF COVID-19 ON NON-LINEAR RESISTORS MARKET

During the second half of 2021 till early 2021, the COVID-19 pandemic caused a global slowdown in electronics and semiconductors industries as the supply chain was disrupted. Major manufacturers took planned measures to deal with the pandemic as their revenues plummeted below expectations. Moreover, the demand for electronics and semiconductor based equipment in the global market remained persistent owing to the rising developments in various electronic products and a significant demand for electronic goods across the world. However, recent rise in COVID-19 cases in China has led to a speculation of potential lockdown at several electronics and semiconductor manufacturing facilities located in the country. For instance, the outbreak close to Bourns Xiamen facility is projected to result in a 14-day mandatory lockdown of the premises. Therefore, the consistent demand for Non-Linear Resistors across various industries is projected to boost the momentum of the global Non-Linear Resistors market with the successful implementation of COVID-19 measures.

MARKET PLAYERS

The reports cover key developments in the Non-Linear Resistors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Non-Linear Resistors market are anticipated to lucrative growth opportunities in the future with the rising demand for Non-Linear Resistors market. Below mentioned is the list of few companies engaged in the Non-Linear Resistors market.

The report also includes the profiles of key Non-Linear Resistors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   AEP Components
  
•   Bourns, Inc.
  
•   Elpro
  
•   FATECH ELECTRONIC CO., LTD.
  
•   KOA Corporation
  
•   Littelfuse, Inc
  
•   Panasonic Corporation
  
•   Prosurge, Inc
  
•   Stackpole Electronics, Inc.
  
•   TDK Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Non-Linear Resistors Report Scope